Gains in healthcare stocks prop up European equities

martes 17 de junio de 2014 12:28 GYT

* FTSEurofirst 300 closes up 0.3 pct at 1,387.75 points

* Euro STOXX 50 rises 0.4 pct to 3,275.33 points

* Healthcare stocks boosted by gains at Shire

* Traders see support for equities from M&A and ECB

By Sudip Kar-Gupta

LONDON, June 17 (Reuters) - European stock markets rose on Tuesday to claw back ground lost in previous sessions, as new signs of possible takeover activity pushed up major healthcare and pharmaceutical stocks.

The pan-European FTSEurofirst 300 index closed up 0.3 percent at 1,387.75 points, after falling in the last two sessions down from a 6-1/2 year high of 1,398.65 points reached earlier in June.

The euro zone's blue-chip Euro STOXX 50 index gained 0.4 percent to 3,275.33 points and Germany's DAX rose by the same margin to 9,920.32 points, having recently slipped from its June 10 record high of 10,033.74 points.

Healthcare stocks such as Novo Nordisk and its UK rival Shire added the most points to the FTSEurofirst 300.   Continuación...